The Houston Ship Channel region showed resilient trade activity, while Port Houston's public terminals recorded strong June container volumes and a moderate rebound for steel cargo.Key TakeawaysHouston Ship Channel region total trade increased 17% through May, driven by a 23% increase in exports while import tonnage declined 4%.Crude oil and refined products together account for more than half of all tonnage moving through the Houston Ship Channel region…
China's giant steel industry is facing mounting pressure on exports this year as it faces another wave of trade frictions from U.S. President Donald Trump's new tariffs. Trump announced plans earlier this month to impose 25% tariffs on all steel and aluminium imports into the United States…
India continued to be a net importer of steel during the first four months of the current fiscal year beginning April, with China as its biggest supplier of the alloy, according to provisional government data seen by Reuters.India imported 2…
Dalian iron ore futures prices retraced earlier losses on Monday, as firmer steel prices and revived hopes of stimulus in top consumer China added support to the volatile market.The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 0…
Sweden-based H2 Green Steel and the Port of Luleå have signed a cooperation agreement whereby H2 Green Steel agrees to use the port as its primary logistics and transportation hub for intermediate goods and products to be transported to and from its new steel mill in Boden…
Ports of Indiana-Burns Harbor opened its 2023 international shipping season on April 11 with the arrival of Polsteam’s Isadora, a bulk carrier from Ijmuiden, Netherlands, through the St. Lawrence Seaway and Great Lakes.Owned and operated by Polsteam and built in 1999…
Following recent upward moves on domestic steel plate prices at nearly every major recycling destination, it was another week of firm pricing and a sub-continent market that is still on an aggressive footing for the most part.Demand remains…
Dalian iron ore rose on Friday and advanced nearly 6% this week as traders returned from New Year holidays feeling optimistic about potential demand recovery in top steel producer China.Iron ore's most-active May contract on China's Dalian Commodity Exchange ended daytime trading 1…
India's steel exports more than doubled between April and July to hit their highest level in at least six years, boosted by a surge of Chinese buying in defiance of tensions between Beijing and New Delhi.Traders said reduced prices had driven…
